Aecon Group Balance Sheet Health
Financial Health criteria checks 4/6
Aecon Group has a total shareholder equity of CA$1.1B and total debt of CA$182.3M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CA$3.0B and CA$2.0B respectively. Aecon Group's EBIT is CA$1.8M making its interest coverage ratio 0. It has cash and short-term investments of CA$433.5M.
Key information
17.3%
Debt to equity ratio
CA$182.28m
Debt
| Interest coverage ratio | 0.04x |
| Cash | CA$433.47m |
| Equity | CA$1.05b |
| Total liabilities | CA$1.99b |
| Total assets | CA$3.05b |
Recent financial health updates
Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27
These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09We Think Aecon Group (TSE:ARE) Can Stay On Top Of Its Debt
Mar 04These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Reasonably Well
Sep 09Recent updates
Concerns Surrounding Aecon Group's (TSE:ARE) Performance
Mar 12Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Aug 29Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Jun 10Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27Is Now An Opportune Moment To Examine Aecon Group Inc. (TSE:ARE)?
Mar 04Aecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185
Mar 04These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09Is Now The Time To Look At Buying Aecon Group Inc. (TSE:ARE)?
Jun 17We Think Aecon Group (TSE:ARE) Can Stay On Top Of Its Debt
Mar 04Should You Think About Buying Aecon Group Inc. (TSE:ARE) Now?
Jan 29At CA$18.46, Is Aecon Group Inc. (TSE:ARE) Worth Looking At Closely?
Oct 30If You Like EPS Growth Then Check Out Aecon Group (TSE:ARE) Before It's Too Late
Oct 05These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Reasonably Well
Sep 09Here's Why We Think Aecon Group (TSE:ARE) Is Well Worth Watching
Jun 10What Is Aecon Group Inc.'s (TSE:ARE) Share Price Doing?
May 26Aecon Group Inc. (TSE:ARE) Shares Could Be 38% Below Their Intrinsic Value Estimate
May 11Is It Worth Buying Aecon Group Inc. (TSE:ARE) For Its 3.7% Dividend Yield?
Apr 28Financial Position Analysis
Short Term Liabilities: ARE's short term assets (CA$2.3B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: ARE's short term assets (CA$2.3B) exceed its long term liabilities (CA$470.4M).
Debt to Equity History and Analysis
Debt Level: ARE has more cash than its total debt.
Reducing Debt: ARE's debt to equity ratio has reduced from 70% to 17.3% over the past 5 years.
Debt Coverage: ARE's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: ARE's interest payments on its debt are not well covered by EBIT (0x coverage).